“Kazmunaygas”: the tariff for pumping Kazakh oil through the Baku-Tbilisi-Ceyhan (BTC) pipeline is confidential

The Trans Adriatic Pipeline (TAP) consortium has signed a contract with the British company Penspen to provide services for analyzing gaps in infrastructure, aiming to assess the pipeline’s readiness for hydrogen integration.

The State Oil Fund of Azerbaijan (SOFAZ) received $442.085 million in 2024 from the development of the “Shah Deniz” field in Azerbaijan's sector of the Caspian Sea.

The State Oil Fund of Azerbaijan (SOFAZ) received $6.1585 billion in 2024 from the development of the Azeri-Chirag-Gunashli (ACG) field block in Azerbaijan's sector of the Caspian Sea,  the press service of SOFAZ.

At the Khizi-Abseron wind farm, being built by ACWA Power, three wind turbines have been successfully installed.  The total number of turbines at the plant will be 37, with 12 located in Absheron and 25 in Khizi. Each turbine has a capacity of 6.5 MW, which will provide a total capacity of 240 MW for the project, ACWA Power representatives said.